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Old 02-03-2004, 01:36 PM   #357
sgtclub
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Quote:
Originally posted by The Larry Davis Experience
While agreeing with Gattigap's general amusement at this kind of statement, I think the $50b number is much more significant in relation to the projected size of the deficit (~$500b+), which is what the comment was referring to.
Not based on what the director of OMB said yesterday. The statements regarding cutting the deficit in half over the next 4 (5?) years includes this amount, even though it is not a line item in the budget. And for those of you who are concerned with misleading, the fact that the up to $50B number is a contingent liability is highlighted in the budget. We can argue (or agree) as to the contents of the budget, but allegations of intentionally misleading are factually untrue.
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